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AkzoNobel Paint the Future

Apellix, SAS Nanotechnologies Bring Home AkzoNobel’s Paint the Future Award

The Paint the Future Award that Apellix and SAS Nanotechnologies received came at the final event of an international five-month-long challenge.
May 31, 2019
Three days of face-to-face collaboration with AkzoNobel experts have opened doors for several startups —including Apellix from Jacksonville, Fla., and SAS Nanotechnologies LLC from Newark, Del.—to “paint the future” with their innovations.
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FLEXcon Carpe Diem

FLEXcon Receives Funds from State Grant Awarded to Carpe Diem Technologies

FLEXcon will use new equipment to enable rapid prototyping of micro-embossed films to support flexible electronics ecosystems in Massachusetts.
May 30, 2019
FLEXcon Co., Inc. recently announced that it is the recipient of a portion of the $2.3M Massachusetts Manufacturing Innovation Initiative (M2I2) grant awarded to Carpe Diem Technologies last July.
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Avery Dennison Hulme AWA award

Avery Dennison’s Hulme Receives AWA Release Liner Industry Leadership Award

Hulme received the award, which is given for an outstanding contribution to release liners, during the recent 2019 Global Release Liner Industry Conference & Exhibition in Charlotte, N.C.
May 29, 2019
Adrian Hulme, R&D principal for Label & Graphics Materials North America with Avery Dennison Corp., has received the annual AWA Release Liner Industry Leadership Award.
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Nouryon AICM merit award

Nouryon Recognized by AICM for Commitment to Responsible Care

Nouryon started production in China in the early 1990s and currently employs nearly 1,400 people across nine locations.
May 29, 2019
Nouryon recently announced that it has been awarded the 2019 Responsible Care Merit Award by the Association of International Chemical Manufacturers (AICM) in China.
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Awards

MAPEI Wins Multiple Honors at Starnet Design Awards

Reportedly intended to celebrate the partnerships between Starnet Worldwide Commercial Flooring members, vendor partners, and the architecture and design community, the awards showcase a wide array of floor covering projects.
May 28, 2019
MAPEI was recently honored at the 21st annual Starnet Design Awards in Scottsdale, Ariz.
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SOCMA Addresses China Tariffs and Impact on Specialty Chemical Manufacturers

As the U.S. and China negotiate the sequencing of tariff removal, SOCMA reports that it is proactively monitoring and advocating on behalf of the specialty chemical industry.
May 28, 2019
The Trump Administration’s decision to raise tariff rates from 10 to 25% on $200 billion in Chinese imports will disproportionately burden specialty chemical manufacturers, according to a statement released by the Society of Chemical Manufacturers & Affiliates (SOCMA).
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PPG to Maintain Business Portfolio Composition Following Strategic Business Review

Based on multiple reports and evaluation, the PPG board has determined that maintaining the company’s current business portfolio composition, including its architectural and industrial coatings businesses, provides the best opportunity to maximize long-term shareholder value.
May 24, 2019
PPG recently announced that two separate and independent reviews of its business portfolio were completed by Goldman Sachs & Co. LLC and Morgan Stanley & Co. LLC, with each firm independently conducting multi-faceted evaluations of PPG’s business portfolio, including potential separation opportunities.
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Market-Trends

New Study Projects Strong Growth for Industrial Adhesives

While demand for industrial adhesives is expected to grow at a significant rate during the forecast period, the market is facing challenges due to crude oil price volatility.
May 24, 2019
A recent market research study projects that the global industrial adhesives market will add over $13.9 billion to its value from 2019-2023, growing at a CAGR of almost 5%.
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LORD Redelease award

Redelease Receives LORD Preferred Distributor in South America Award

In addition to commercial performance, questions evaluated by LORD to define the winner of the award include the numbers of projects implemented and some qualitative aspects, such as excellence in customer service.
May 23, 2019
For the second consecutive year, LORD, a Brazilian subsidiary of the North American LORD Corp., has awarded Redelease as the Preferred Distributor for Structural Adhesives in South America in 2019.
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